SAIF (Sharjah Airport Free Zone) is located next to Sharjah International Airport. It has the oldest UAE zones with developed infrastructure like warehouses, offices, and land leased for businesses. It formed in 1995 and hosts 7000 companies as of now.

SAIF’s location suits manufacturing, trading, and logistics companies who plan a business setup in the United Arab Emirates for a reasonable budget.

If you wish for a business setup services in Dubai, consider SAIF as your possible option.

Vast Range Of Warehouses, Offices, And Land

Sharjah Airport International Free Zone has ready-to-move facilities. Their warehouses are equipped with pantry, fitted office, kitchen and air conditioning.

The size of a warehouse is 125 sq meters, where 22 sq meters are occupied by the office space.

Two types of offices in SAIF are present:

  • Air conditioned, fitted out and furnished.
  • Unfurnished offices with utility costs.

Besides that, temporary warehouses and labour accommodation are available.

SAIF facilities can suit any company for a business setup in Sharjah.

Activities

The major categories of licenses are:

  • Trading
  • Industrial
  • Service

Your license belongs to any one of these categories. If you like to mix them, additional licenses must be purchased.

Sharjah airport SAIF zone offers a broad business activity list. It is hard to get service activities like “investment of own funds.”

Activities can permit storage and consolidation of products which is specified in your license as assembling and manufacturing of products.

SAIF will not share the activity list. Hence all the business activity must be checked. This free zone has multiple activities in license for the company formation in Sharjah, if it is not related, extra charges apply.

Costs Of Sharjah’s Free Zone Company

SAIF offers

Service or trading license for AED 13,500. E-commerce or general trading or multiple activities or aviation license charge AED 21,000. It is eligible for a small office and 4 resident visas as part of the package.

When you plan to rent the bigger facility, you must pay the office rent, license fees and warehouse rent. These prices are competitive to the Sharjah’s LLC company formation charges. But the facilities are cheaper than the free zones.

Immigration fees and visa fees should be paid separately.

Company Setup

Sharjah’s free zone company formation in SAIF is done by the Power of Attorney holders or company owners.

Licenses can be instantly issued on the day of application.

Needed Information And Documents

  • Residential address
  • Passport
  • Phone number
  • Passport size photo
  • Owners’ email

Documents which are issued by SAIF after the company registration are

  • License
  • Certificate of Incorporation
  • Memorandum & Article of Association
  • Share Certificate
  • Investment Service Agreement
  • Lease Agreement

Company registration in this free zone is done by the business consultants in Dubai or Sharjah.

Costs of SAIF Free Zone

The company formation in Sharjah SAIF entails resident visa opening. The employee’s visa is valid for 2 years, while the visa of the company’s owner is valid for 3 years.

SAIF fees (AED)
SAIF fees. AED Medical checkup, AED Emirates ID,AED
Owner/ Investor  Normal (8-10 days) 3,840  690 370
Urgent (3-4 days) 4,040  690 370
Employee Normal (8-10 days) 3,240  690 270
Urgent (3-4 days) 3,440 690 270

If you’ve applied for a resident visa, when on a tourist visa, the procedure of status change is applicable. This costs around 860 or 1010 AED on an urgent basis.

Trade License Renewal

This just takes one day to renew the Sharjah Airport Free Zone company, without the company owners’ personal visit. It must be paid and signed on the lease agreement to process the renewal.

Amendments

The amendments of company in SAIF is only done by Power of Attorney holders or shareholders.

Costs Of Standard Amendments
  • Adding or removing Director- 2,000 AED
  • Shares transfer- 10,000 AED
  • Change of Manager- 2,000 AED
  • Change of financial year- 500 AED

Originally posted 2022-05-02 03:11:24.

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